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Friday, August 2, 2024
Oil Tanker sails in san francisco bay california
Shipping

Chevron Exits California After Policy Disputes With Democrat Leaders

By Kevin Crowley (Bloomberg) Chevron Corp. is relocating headquarters to Houston from California after repeatedly warning that the Golden State’s regulatory

August 2, 2024
Total Views: 5355

Thursday, August 1, 2024
A Maersk containership berthed at the Port of Tanjung Pelepas in Malaysia.
Shipping

Maersk Sees Red Sea Disruption Lasting Through 2024

By Christian Wienberg (Bloomberg) — The global transport disruptions caused by the conflict in the Red Sea will last longer than expected and won’t be

August 1, 2024
Total Views: 1999

offshore rig north sea
Offshore

World’s Deepest Offshore Oil Well Planned for Colombia This Year

(Bloomberg) — The oil industry is pushing the limits of offshore exploration with plans to drill a record-setting deepwater well in Colombia within

August 1, 2024
Total Views: 4800

Wednesday, July 31, 2024
Shipping

Israel’s Twin Strikes in Tehran, Beirut Ratchet Up Tensions

By Ethan Bronner (Bloomberg) — Within seven hours overnight, Israel targeted top leaders of Hezbollah in Beirut and Hamas in Tehran in a show of its

July 31, 2024
Total Views: 1709

Monday, July 29, 2024
Shipping

Russia’s Arctic LNG 2 Production Hit by U.S. Sanctions

By Bloomberg News (Bloomberg) — Russia’s biggest producer of liquefied natural gas in June cut processing at its Arctic LNG 2 facility to the lowest

July 29, 2024
Total Views: 2740

deep-sea mining vessels
Offshore

The Future of Deep Sea Mining Hinges on a Contentious Election

(Bloomberg) — The Pacific island nation of Kiribati is tiny, with just 120,000 residents scattered across 32 tropical atolls, but it’s playing an

July 29, 2024
Total Views: 1343

Thursday, July 25, 2024
Shipping

Container Shipping Rates Snap Weeks of Gains as Restock Rally Fades

By Brendan Murray (Bloomberg) — Spot rates for shipping containers fell for the first time in almost three months amid signs demand is cooling after US

July 25, 2024
Total Views: 3826

Shipping

Russian Commodities Aren’t Safe from Houthi Attacks in Red Sea

By Alex Longley, Eleanor Thornber and Áine Quinn (Bloomberg) — Yemen’s Houthi militants have attacked more merchant ships hauling Russian commodities

July 25, 2024
Total Views: 1311

Wednesday, July 24, 2024
Shipping

Western Sanctions, Houthi Attacks Boost Appeal of Russia’s Arctic Sea Route

By Eleanor Thornber and Julian Lee (Bloomberg) –Russia’s first oil shipment of the year is traveling through the nation’s Northern Sea Route to

July 24, 2024
Total Views: 1889

Shipping

Russia Loads Fourth Sanctioned Sovcomflot Tanker in Snub to West

(Bloomberg) — Russia loaded a fourth sanctioned tanker owned by state-run Sovcomflot PJSC, testing the resolve of Group of Seven nations who’re

July 24, 2024
Total Views: 5971

Incidents

GE Vernova Finds Manufacturing Defect After Vineyard Wind Turbine Accident

(Bloomberg) — GE Vernova Inc. plans to reinspect every offshore wind-turbine blade the company has ever produced, after finding a “material

July 24, 2024
Total Views: 2215

Tuesday, July 23, 2024
Offshore

EU Wind Industry Warns Germany Over Large Chinese Turbine Deal

(Bloomberg) — Europe’s wind industry warned Germany that a deal for 16 Chinese offshore wind turbines risks fostering unfair competition for local

July 23, 2024
Total Views: 1042

Monday, July 22, 2024
Shipping

Shipping’s Carbon Emissions Soar as Houthi Attacks Fuel Longer Voyages

(Bloomberg) — Shipping’s carbon emissions climbed by 23 million tons in the first half of this year, partly as vessels took longer routes to avoid

July 22, 2024
Total Views: 990

Shipping

Dark Fleet Caper Exposes Growing Risks in Crowded Malacca Strait

(Bloomberg) — A collision that set two vessels ablaze off Singapore has underlined the growing risks in the crowded Straits of Malacca, as the dark fleet

July 22, 2024
Total Views: 3700

Saturday, July 20, 2024
Smoke rises from a fire following an Israeli air strike in Hodeidah. Houthi Media Centre/Handout via REUTERS
Defense

Israel Strikes Yemeni Port City In Reply To Houthi Drone Attack

By Galit Altstein and Mohammed Hatem Jul 20, 2024,(Bloomberg) –Israel struck targets around the Houthi-held Red Sea port of Hodeidah, retaliating

July 20, 2024
Total Views: 2353

Cargo ship Despina V, carrying Ukrainian grain, is seen in the Black Sea off Kilyos near Istanbul. REUTERS/Umit Bektas//File Photo
Shipping

Ukraine Warns Ships Of Scrambled GPS Navigation In Black Sea

By Áine Quinn Jul 20, 2024(Bloomberg) –Ukraine’s seaports authority warned shipowners not to rely on a key navigation tool, as satellite

July 20, 2024
Total Views: 1815

Friday, July 19, 2024
Shipping

The West’s Squeeze on Russian Tankers Gets Tighter

By Julian Lee (Bloomberg) — Another week, another gentle turning up of the heat by Group of Seven nations on the fleet of tankers moving Russian

July 19, 2024
Total Views: 3005

Thursday, July 18, 2024
Shipping

Large Oil Slick Spotted in Red Sea After Explosive Tanker Attack

By Krishna Karra, Alex Longley and Verity Ratcliffe (Bloomberg) — An oil slick extending more than 125 miles appeared in the Red Sea, satellite images

July 18, 2024
Total Views: 2514

Shipping

Global Shipping Strains Spark Fears of an Inflation Comeback

(Bloomberg) — Jason Starr felt the first flashbacks of pandemic PTSD back in mid-April. That’s when the vice president of operations at

July 18, 2024
Total Views: 951

Wednesday, July 17, 2024
Shipping

Damaged Subsea Cables Repaired in Red Sea

By Olivia Solon and Mohammed Hatem (Bloomberg) — Repairs have finally commenced on three subsea telecommunications cables that were damaged in the Red

July 17, 2024
Total Views: 3305